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New York policy

A11404: Enacts the "Terminate Excessive Cross-state Actuarial Subsidization (TEXAS) Act"

NY Assembly · Sponsor David Weprin

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Jurisdiction
New York State
Applies to
New York State (proposed)
Effective
May 15, 2026

What it requires

Enacts the "Terminate Excessive Cross-state Actuarial Subsidization (TEXAS) Act" which requires life insurance companies to take state specific population health information into account as a factor; requires the superintendent of financial services to develop a standard weight to be given to state specific population health information in rate-setting.

ny-stateassemblylegislationbill

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